At the time of company or quota sales, sellers have a tax liability (an obligation to pay income tax),let they be private individuals or companies. In connection with purchasing a company or quota, any duty payment obligations and potential subsequent uses of deferred losses must be examined.

In a previous post, we gave an overview of possible methods of acquisitions (share, asset or division purchase) and the primary business issues arising in case of each of the alternatives. Choosing from these methods, although a business decision, obviously leads to different legal consequences.

If a seller starts negotiations for the sale of its company, the first thing to clarify is what the subject matter and the proposed structure of the transaction is. In this regard, there are generally three basic solutions that should be considered; the options of a share deal, an asset deal or a division transfer.

Social links

Our Services

Any articles or publications contained within this website are not intended to provide specific business or investment advice. No responsibility for any errors or omissions nor loss occasioned to any person or organisation acting or refraining from acting as a result of any material in this website can, however, be accepted by the author(s) or RSM International. You should take specific independent advice before making any business or investment decision.

RSM Hungary is a member of the RSM network and trades as RSM. RSM is the trading name used by the members of the RSM network. Each member of the RSM network is an independent accounting and consulting firm each of which practices in its own right. The RSM network is not itself a separate legal entity of any description in any jurisdiction. The RSM network is administered by RSM International Limited, a company registered in England and Wales (company number 4040598) whose registered office is at 50 Cannon Street, London EC4N 6JJ. The brand and trademark RSM and other intellectual property rights used by members of the network are owned by RSM International Association, an association governed by article 60 et seq of the Civil Code of Switzerland whose seat is in Zug.

Subscribe to stay up to date!

Would you like to receive up-to-date information about tax issues, Real-time Invoice Reporting?

Thank you to subscribe!

The email address you entered is already subscribed to our newsletter

The email address you entered is invalid. Please correct it and try again.

Your email:

Your name:

What topic interests you?

Tax

Payroll

Accouting

Instant notification (maximum 2-3 mails per week)

Weekly summary

We use cookies for the operation of our website in order to make the individual functions more easily accessible for visitors and to receive statistical data on the usage of our website. The statistical data pertaining to the usage of our website is provided to us by Google Analytics. The statistical data does not allow us to identify the visitors of the website and to record any personal data on them. The picture given on user habits does not contain information concerning either the individual or all of the visitors.
When considering consent, please take into account that by enabling cookies we can get a more accurate understanding of what visitors of our website are interested in, due to which we can upload material that will attract more interest. If cookies are enabled, based on the websites visited, Google will display ads that may interest you more. The information provided via cookies does not contain any personal data in this case either. The Help section of your browser can provide more information on the application of cookies.
Read more on our updated data protection policy here. More